menu
techminis

A naukri.com initiative

google-web-stories
Home

>

Cryptography News

>

YZi Labs i...
source image

Coinjournal

5d

read

46

img
dot

Image Credit: Coinjournal

YZi Labs investment sends Avalon Labs AVL token through the roof

  • YZi Labs invested in Avalon Labs, leading to a 30% surge in AVL token price.
  • Avalon Labs has minted $613 million in BTC-backed USDa stablecoins and aims to provide institutional-grade Bitcoin DeFi services.
  • Avalon's ecosystem includes BTC-collateralised loans, a yield-bearing savings account, and a credit card, expanding Bitcoin's financial utility.
  • The investment from YZi Labs will support regulatory compliance efforts and potential partnerships, positioning Avalon for further growth in the Bitcoin DeFi sector.

Read Full Article

like

2 Likes

For uninterrupted reading, download the app